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Historic Yakima MillTo Close

Frontier Resources, Eugene, Or., will permanently close its plywood mill in Yakima, Wa., August 5 due to "adverse market conditions."

In May, the plywood mill shut down for two weeks because of what the company called a market downturn. Located on a 240-acre mill complex that Frontier purchased from Boise Cascade in2ffi4, the mill is 103 years old and in need of modernization. A sawmill on the property was permanently closed last year.

Washington once led the nation in plywood produced from softwood. Today, OSB-which is less laborintensive to produce and uses smaller logs from tree plantations rather than old-growth forests-has lowered sales for plywood and is usually imported from Canada and Brazil.

When the recent housing boom made OSB more expensive and harder to find, sales of plywood improved. "Shorter term. the moderation of the housing market means demand for plywood is tapering off," said Jack Merry, spokesperson for the APAEngineered Wood Association. " Longer term, there's been a rapid attrition of western plywood mills."

SBR Joins Fortune Brands

Fortune Brands Inc. has completed its acquisition of SBR Inc., parent company of Simonton Windows and other millwork brands.

"Simonton's focus on energy-efficient windows in the attractive replacement segment of the market gives us an excellent growth platform in the fragmented $10 billion windows category," said Fortune Brands chairman and c.e.o. Norm Wesley. The demand for vinyl windows is projected to grow in both the retrofit and new construction markets over the next several years.

"Simonton and SBR's advancedmaterials millwork brands are an excellent fit for us," said Bruce Carbonari, president and c.e.o. of Fortune's home and hardware division, which will assume the SBR brands. Simonton represents more than 75Vo of SBR's annual sales of approximately $565 million.

The acquisition includes 12 manufacturing facilities in seven states and one in China. Other brands included in the acquisition are Fypon, which makes urethane millwork; DixiePacific and Hartmann-Sanders, makers of architectural columns and porch railings, and Hy-Lite, which makes acrylic block windows.

Fortune's home and hardware division generated more than $4 billion in sales in 2005 and includes Moen faucets, MasterBrand cabinets (Aristo' kraft, Omega, Diamond and Shrock), Therma-Tru residential entry doors, Master Lock padlocks, and Waterloo tool storage.

Doing lt Best Gets Rewarded

Do it Best Corp., Fort Wayne, In., won the first annual Torch Award for Marketplace Ethics from the Northeast Indiana Better Business Bureau.

Among companies with over 200 employees, Do it Best was the sole winner. The co-op also received the 2006 Governor's Award for excellence in service and volunteerism. presented by the state's ofhce of faithbased and community initiatives, for its work with Habitat for Humanity, American Heart Association. Junior Achievement, and United Way.

"This recognition is a tribute to our employees and members," said c.e.o. and president Bob Taylor, and reflects the co-op's longstanding commitment to its corporate philosophy of "serving others as we would like to be served."